Teck Resources Future Growth

Future criteria checks 0/6

Teck Resources's revenue is forecast to decline at 12.1% per annum while its annual earnings are expected to grow at 0.7% per year. EPS is expected to grow by 0.2% per annum. Return on equity is forecast to be 5.5% in 3 years.

Key information

0.7%

Earnings growth rate

0.2%

EPS growth rate

Metals and Mining earnings growth	17.4%
Revenue growth rate	-12.1%
Future return on equity	5.5%
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NYSE:TECK - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	10,546	1,647	1,567	4,052	8
12/31/2025	10,731	1,504	1,035	3,805	13
12/31/2024	16,605	1,793	-51	4,110	11
3/31/2024	15,214	1,612	-2,268	3,034	N/A
12/31/2023	15,011	2,435	-1,698	4,084	N/A
9/30/2023	14,043	2,199	-2,335	3,888	N/A
6/30/2023	14,704	2,664	-1,194	4,961	N/A
3/31/2023	16,485	3,736	775	6,752	N/A
12/31/2022	17,316	4,089	2,518	7,983	N/A
9/30/2022	17,867	5,584	4,250	9,151	N/A
6/30/2022	17,577	5,659	4,025	8,822	N/A
3/31/2022	14,835	4,337	1,777	6,476	N/A
12/31/2021	12,766	3,123	105	4,738	N/A
9/30/2021	11,635	917	-1,252	3,234	N/A
6/30/2021	9,956	162	-1,831	2,144	N/A
3/31/2021	9,118	-247	-1,772	1,869	N/A
12/31/2020	8,948	-864	-2,065	1,563	N/A
9/30/2020	9,043	-2,235	-1,862	1,751	N/A
6/30/2020	9,787	-1,927	-1,474	2,423	N/A
3/31/2020	11,205	-1,547	-534	3,243	N/A
12/31/2019	11,934	-605	16	3,484	N/A
9/30/2019	12,526	1,663	767	4,039	N/A
6/30/2019	12,700	2,575	982	3,854	N/A
3/31/2019	12,578	2,978	1,207	3,839	N/A
12/31/2018	12,564	3,107	1,825	4,438	N/A
9/30/2018	12,473	3,414	1,987	4,548	N/A
6/30/2018	12,339	2,717	2,029	4,572	N/A
3/31/2018	12,155	2,663	2,359	4,875	N/A
12/31/2017	11,910	2,460	N/A	5,049	N/A
9/30/2017	12,311	2,417	N/A	5,092	N/A
6/30/2017	11,541	2,067	N/A	5,045	N/A
3/31/2017	10,449	1,502	N/A	3,976	N/A
12/31/2016	9,300	1,040	N/A	3,056	N/A
9/30/2016	7,878	-116	N/A	2,259	N/A
6/30/2016	7,674	-2,496	N/A	1,965	N/A
3/31/2016	7,933	-2,448	N/A	1,961	N/A
12/31/2015	8,259	-2,474	N/A	1,962	N/A
9/30/2015	8,380	-1,886	N/A	2,012	N/A
6/30/2015	8,529	344	N/A	2,006	N/A
3/31/2015	8,539	361	N/A	2,107	N/A
12/31/2014	8,599	362	N/A	2,278	N/A
9/30/2014	8,719	465	N/A	2,304	N/A
6/30/2014	8,993	648	N/A	2,406	N/A
3/31/2014	9,136	711	N/A	2,660	N/A
12/31/2013	9,382	961	N/A	2,878	N/A
9/30/2013	9,736	929	N/A	3,020	N/A
6/30/2013	9,717	918	N/A	3,093	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TECK's forecast earnings growth (0.7% per year) is below the savings rate (2.4%).

Earnings vs Market: TECK's earnings (0.7% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: TECK's earnings are forecast to grow, but not significantly.

Revenue vs Market: TECK's revenue is expected to decline over the next 3 years (-12.1% per year).

High Growth Revenue: TECK's revenue is forecast to decline over the next 3 years (-12.1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TECK's Return on Equity is forecast to be low in 3 years time (5.5%).

Teck Resources Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Teck Resources Limited Reiterates Production Guidance for the Year 2024; Provides Sales Guidance for the First Quarter of 2024

Teck Resources Limited Provides Production Guidance for the Years 2024, 2025, 2026, 2027 and Sales Guidance Fore the First Quarter of 2024

Teck Resources Limited Provides Production Guidance for the Year 2023

Teck Resources Limited Provides Production Guidance for the Year 2023

Recent updates

Teck Resources: We Still See Potential For Further Gains

High number of new directors

First quarter dividend of CA$0.13 announced

Teck Resources Limited Announces Dividend, Payable on June 28, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Teck Resources: Solid Q1 With Copper Expansion Progressing

Teck Resources Limited, Annual General Meeting, Apr 25, 2024

Investor sentiment improves as stock rises 16%

Upcoming dividend of CA$0.13 per share

Fourth quarter dividend of CA$0.13 announced

Full year 2023 earnings: EPS misses analyst expectations

Teck Resources Limited Reiterates Production Guidance for the Year 2024; Provides Sales Guidance for the First Quarter of 2024

Teck Resources: Our Top Pick To Ride The Copper Boom

Teck Resources Limited Provides Production Guidance for the Years 2024, 2025, 2026, 2027 and Sales Guidance Fore the First Quarter of 2024

Upcoming dividend of CA$0.13 per share at 1.0% yield

Teck Resources Limited Announces Dividend, Payable on December 29, 2023

Glencore plc (LSE:GLEN) entered into a binding agreement to acquire 77% stake in Elk Valley Resources Ltd. from Teck Resources Limited (TSX:TECK.B) for $6.93 billion.

Glencore plc (LSE:GLEN) entered into a binding agreement to acquire 77% stake in Elk Valley Resources Ltd. from Teck Resources Limited (TSX:TECK.B) for $6.93 billion.

High number of new directors

Teck Resources Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Teck Resources Limited Announces Management Changes

The Teck Resources Saga Continues: Deciphering The Company's Next Move

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

JFE Steel Reportedly Eyes Stake in Teck Resources' Coal Business

Teck Resources Limited to Report Q3, 2023 Results on Oct 24, 2023

JSW Steel Reportedly Slows Stake Buy in Teck's Coal Unit Amid India-Canada Diplomatic Row

Teck Resources Continues To Benefit From Multi-Sided Growth, Revenue Diversity

Upcoming dividend of CA$0.13 per share at 0.9% yield

JSW Steel Reportedly May Pick Majority Stake in Teck Coal Unit

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Teck Resources Limited Provides Production Guidance for the Year 2023

Teck Resources Limited Announces Dividend, Payable on September 29, 2023

JSW Steel Reportedly Considering Bid for Stake in Teck Coal Unit

Teck Resources Limited Receives $10 Million in Funding Support from the Government of B.C.'s CleanBC Industry Fund to Progress the Advancement of Its Carbon Capture Utilization and Storage Pilot Project

Teck Resources: Well-Positioned To Ride Copper Tailwinds

Teck Resources: An All-Cash Sale Of The Coal Unit Would Be Preferable

Teck Resources Limited Appoints Nick Marach as Corporate Controller

Sun Summit Minerals Corp. (TSXV:SMN) completed the acquisition of CR Property from Teck Resources Limited (TSX:TECK.B)

Teck Resources Attracts Interest in Its Coal Business

Upcoming dividend of CA$0.13 per share at 0.9% yield

Glencore Prepares Improved Offer for Teck Resources to Break Deadlock

Teck Resources: 2 Catalysts Happening (Rating Upgrade)

Teck Resources Limited Announces Executive Changes

Teck Resources Limited Announces Regulatory Approval for the Zafranal Project

CEO & Director recently sold US$2.8m worth of stock

Investor sentiment improves as stock rises 24%

Independent Chair of the Board recently bought US$77k worth of stock

Now 22% undervalued

Upcoming dividend of CA$0.63 per share at 0.9% yield

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Teck Resources Q4 2022 Earnings Preview

Now 21% undervalued

Total E&P Canada Ltd. completed the acquisition of an additional 6.65% stake in Fort Hills Energy Limited Partnership from Teck Resources Limited (TSX:TECK.B).

Teck Resources Limited Provides Production Guidance for the Year 2023

Total E&P Canada Ltd. entered into an agreement to acquire Fort Hills Energy Limited Partnership from Teck Resources Limited for approximately CAD 310 million.

Teck Resources: Strong Copper Prices Make This A Winner

Teck Resources Limited Appoints Charlene Ripley as Senior Vice President and General Counsel

Senior Vice President of Coal recently sold US$115k worth of stock

Conuma Resources Limited agreed to acquire All the Assets and Liabilities of the Quintette Steelmaking Coal Mine in north-eastern British Colum from Teck Resources Limited (TSX:TECK.B) for CAD 120 million.

Teck offloads Quintette assets for $120M

Teck Resources Limited Appoints Greg Brouwer as Senior Vice President, Technology and Innovation

Teck Resources Limited Announces Management Changes

Teck Resources Limited Declares Dividend, Payable on December 30, 2022

Teck Resources declares CAD 0.125 dividend

Teck Resources Limited to Report Q2, 2023 Results on Jul 27, 2023

Suncor Energy Inc. (TSX:SU) agreed to acquire additional 21.3% equity stake in Fort Hills Energy Limited Partnership from Teck Resources Limited (TSX:TECK.B) for approximately CAD 1 billion.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity